GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Green Impact Partners Inc (TSXV:GIP) » Definitions » PS Ratio

Green Impact Partners (TSXV:GIP) PS Ratio : 0.32 (As of May. 01, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Green Impact Partners PS Ratio?

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Green Impact Partners's share price is C$2.60. Green Impact Partners's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was C$8.06. Hence, Green Impact Partners's PS Ratio for today is 0.32.

Good Sign:

Green Impact Partners Inc stock PS Ratio (=0.33) is close to 3-year low of 0.31

The historical rank and industry rank for Green Impact Partners's PS Ratio or its related term are showing as below:

TSXV:GIP' s PS Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.81   Max: 2.21
Current: 0.33

During the past 3 years, Green Impact Partners's highest PS Ratio was 2.21. The lowest was 0.31. And the median was 0.81.

TSXV:GIP's PS Ratio is ranked better than
91.44% of 409 companies
in the Utilities - Independent Power Producers industry
Industry Median: 2.46 vs TSXV:GIP: 0.33

Green Impact Partners's Revenue per Sharefor the three months ended in Sep. 2023 was C$2.17. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was C$8.06.

Warning Sign:

Green Impact Partners Inc revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Green Impact Partners was -20.60% per year.

Back to Basics: PS Ratio


Green Impact Partners PS Ratio Historical Data

The historical data trend for Green Impact Partners's PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Green Impact Partners PS Ratio Chart

Green Impact Partners Annual Data
Trend Dec20 Dec21 Dec22
PS Ratio
- 0.77 0.49

Green Impact Partners Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.72 0.49 0.82 0.92 0.73

Competitive Comparison of Green Impact Partners's PS Ratio

For the Utilities - Renewable subindustry, Green Impact Partners's PS Ratio, along with its competitors' market caps and PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Green Impact Partners's PS Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Green Impact Partners's PS Ratio distribution charts can be found below:

* The bar in red indicates where Green Impact Partners's PS Ratio falls into.



Green Impact Partners PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Green Impact Partners's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=2.60/8.06
=0.32

Green Impact Partners's Share Price of today is C$2.60.
Green Impact Partners's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$8.06.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Green Impact Partners  (TSXV:GIP) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Green Impact Partners PS Ratio Related Terms

Thank you for viewing the detailed overview of Green Impact Partners's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Green Impact Partners (TSXV:GIP) Business Description

Traded in Other Exchanges
Address
2207 - 4th Street S.W., Suite 400, Calgary, AB, CAN, T2S 1X1
Green Impact Partners Inc is a clean energy company with an operating portfolio of water and solids treatment and recycling facilities in North America. The company also has a portfolio of renewable natural gas and clean energy development projects. Its services include water and solids recycling management, disposal services, and energy product optimization services. Its operating segments are Water and Industrial, and Energy Production. The Water and Industrial segment consists of water, waste, and solids disposal and recycling services as well as other marketing operations. The Energy Production segment is currently comprised of multiple pre-production renewable energy projects.

Green Impact Partners (TSXV:GIP) Headlines

No Headlines